MRO-TEK

YEAR                                                                  
      EVENTS
 1984 - The Company was formed as a Private Limited Company as
 `MRO-TEK 
               Private Limited' on February 10, and became a Public
 Limited Company on  
               17th June 1998 as `MRO-TEK Limited'.
 
             - The Company was promoted by Mr. Sarangan Narayanan, the
 present Chairman & Managing
                Director and Mr. Himadri Nandi, the present Managing
 Director of the company.
 
             - The Main object of the company is to manufacture
 assemble, fabricate, produce repair,
                use, buy-sell, hire, import, export, install, consult,
 deal in for consideration or otherwise in
                India or abroad all types of instruments such as
 electronic Electrical, Medical Laboratory etc.
 
             - The Company established by 2 first generation
 technocrat promoters with the
                principal objective of carrying out networking
 computing.
  
             - The Company has an installed base of more than 2,50,000
 data communications
               devices covering major public and private sector
 companies.  The Company is one of the
               few Indian companies with a focus on solutions for 
 data communication.
 
           - The Company has entered into a joint venture with RAD to
 ensure closer
              co-operation between the two companies and the
 initiation of local manufacture
              of more RAD products.
 
 1989 - The Company has launched the ZyXEL range of ISDN data
 communications 
              in the Indian market.
 
           - The Company entered into non-exclusive value-added
 retailer arrangement 
              with RADGUARD a pioneer and leader in the secure Virtual
 Private Network 
              market.
 
            - MRO-TEK is a ISO 9002 certified company.
 
 1999 - The Company has allotted 470,000 No. of equity shares of Rs
 10/- each to the
               trust for cash on October 28th at Rs 25.
 
            - The Company has created an Employee Welfare Trust called
 MRO-TEK limited
               Employees Welfare Trust to implement the Employee Stock
 Option Plan.
 
 2000 - The board has allotted 44,80,282 shares of face value Rs 10
 each in the 
              ratio of 1:1 based on the Authority granted by the
 shareholders of the 
              company on 14th January .
 
            - The Company proposes to expand its current manufacturing
 capaicty and to put
              up additional facilities in Electronics City at
 Bangalore.
 
           - The Company has been ranked as 6th largest among the
 Networking Vendors
              in India.
 
          -  The Company is entering the capital market with a public
 issue of 25,09,000 No. 
             of equity shares of face value of Rs 5 each and offer for
 sale by existing 
             members of 26,00,000 No. of equity shares of face value
 of Rs 5 each.
 
           - MRO-Tek, the Bangalore-based Internet access and
 networking solution provider,
             has received the `Best Partner of the World' award from
 the Israel-based RAD
             Data Communications for achieving sales over  million
 for the calendar year
             2000.
 
 2001 - The Company has entered into a strategic alliance with Lacom
 Systems, developers
              of the laser optical communication system.
 
            - MRO-TEK, the Bangalore-based networking and last-mile
 access solution provider, 
              has announced the opening of its third state-of-the-art
 manufacturing facility at Electronic City.
 
 2003
 -the company secured State Bank of India's order of  Rs 15-crore  to
 provide networking solutions of 2Mbps and 64 Kbps high-end leased
 line modems for SBI to connect more than 800 branches across the
 country.
 
 -The company developed a new product, netwrk management msystem NMS
 software . It   monitors and manages  remotely, the network devices
 and equipment in last mile network access.  
 
 -Launched the first product developed by the R&D Section of the
 Company, named  'Managed Copper-Fibre Convertor' is being launched
 for commercialization
 
 -MRO-TEK, last mile access and network solution provider, on
 September 30 launched FCAT-M, an Ethernet over fibre access device,
 claiming that it would contribute 20 to 25 per cent to the company's
 growth. T
 
 2004
 
 -The company altered its Brand Line from the existing 'Getting you
 Networked' to 'Accessing Every Network' to go with its present thrust
 on developing market for 'Access Products' and its core activity to
 which the new phrase is more desirable and apt.
 
 -Dlist from Bangalore Stock Exchange w.e.f. October 16, 2004.
 
 -MRO-TEK launches eSona-100 bandwidth tool on November 17, 2004